Category: Dollar Dive

white house defends trillion dollar stimulus while jamie dimon and larry summers warn of runaway inflation

White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway InflationWhite House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation



On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S.